Electricity: Prices

(asked on 5th February 2024) - View Source

Question to the Department for Energy Security & Net Zero:

To ask the Secretary of State for Energy Security and Net Zero, whether she has had recent discussions with Ofgem on the potential impact of recent changes in off-peak night rates on Economy 7 electricity tariffs on households which use electricity to heat their homes in comparison with other households.


Answered by
Amanda Solloway Portrait
Amanda Solloway
This question was answered on 12th February 2024

As the demand for electricity during the night-time period has grown, energy suppliers have had to pay significantly more to purchase that electricity for their customers. In turn, this is reflected in rising night-time rate for time-of-use tariffs

The setting of tariffs, including for peak and off-peak periods for ‘Time-of-Use’ tariffs (such as Economy 7), are a commercial matter for individual energy suppliers.

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